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The U.S. dollar was higher against its major counterparts in the European session on Wednesday, as the nation's service sector activity improved in June and investors awaited the release of the minutes of the Federal Reserve's June policy meeting for clues about the future path of monetary tightening. The...

Higher crude oil prices and firm European markets indicate a positive start for the Canadian market on Wednesday.

Resolute Forest Products Inc. (RFP) said Wednesday that it would be acquired by Domtar Corporation (UFS), an arm of The Paper Excellence Group, for about $2.7 billion, or $20.50 per share in cash, including pension liabilities. The cash portion of the merger consideration represents a premium of...

olympics july6 A group of 33 nations have called on all international sport federations to suspend Russian and Belarusian national governing bodies of sports in protest against Russia's invasion of Ukraine. A joint statement issued by Sports Ministers of 33 countries also demanded that individuals closely aligned to the Russian and Belarusian governments should be removed from positions of influence on interna

us pre market 053119 06jul22 The following are some of the stocks making big moves in Wednesday's pre-market trading (as of 06.50 A.M. ET).

The Japanese yen strengthened against its major counterparts in the Asian session on Wednesday, amid rising risk aversion as worries about a recession intensified. A spike in COVID-19 cases in China renewed worries about potential lockdowns. Crude oil prices plunged overnight amid global recession...

Despite staging a fairly good recovery after a sharp plunge, the Canadian market ended on a very weak note on Tuesday, as fears about a possible recession and looming interest rate hikes weighed on sentiment and rendered the mood very cautious.

The Canadian market is deep down in negative territory Tuesday afternoon due to heavy selling in stocks from across various sectors amid rising fears about a possible recession.

The euro fell against its major rivals in the European session on Tuesday, as natural gas prices climbed and Eurozone business growth slowed sharply in June, intensifying worries about a recession. Final survey results from S&P Global showed that the eurozone private sector expanded at a slower pace...

Lower Canadian and U.S. futures, weakness in European markets and sluggish commodity prices point to a negative start for Canadian shares on Tuesday.

us pre market 053119 05jul22 The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 07.25 A.M. ET).

TELUS Communications Inc., an arm of Telus Corporation (TU), on Tuesday announced an investment of $23 billion in network infrastructure, operations, and spectrum across Ontario in the next four years thereby creating 9,500 jobs. In addition, the Canadian firm also plans to invest $70 billion across...

The U.S. dollar moved up against its most major counterparts in the European session on Tuesday, amid a spike in U.S. treasury yields after a long weekend. The benchmark yield on the 10-year note rose to 2.95 percent. Yields move inversely to bond prices. Investors await the Federal Reserve's minutes...

The Australian dollar pulled back from its early highs against its major counterparts in the Asian session on Tuesday, after the Reserve Bank of Australia raised its key interest rate by half percentage points, in line with forecasts. The policy board of the RBA, headed by Governor Philip Lowe, decided...

Canadian National Railway Co. (CNI, CNR.TO) said that the International Brotherhood of Electrical Workers or IBEW has agreed to binding arbitration, bringing the strike to an end on July 5, 2022. Employees in Signals and Communications will return to their roles at 07:00 AM EDT on July 6, 2022. In...

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